2. Introduction
Founded 1999
Headquarters in Espoo, Finland
Solid team of 30 professional in the
domain of GNSS (Global Navigation
Satellite Systems) receivers
Shareholders
Management 67%
Investors 33%
Our customers: device manufacturers
Revenue 2011 ≈ 10 M€
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3. Fastrax in GNSS business
- from silicon to software
GPS receiver modules Software GPS
According to ABI Research: “The last major shift is to full software
GNSS design”
Shift from silicon to software is a tremendous market opportunity for
Fastrax!
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4. GNSS market
by ABI Research 2011, more information: http://www.abiresearch.com/analystinquiry.jsp
By 2016 the GPS IC market will grow from 4 billion USD to 7 billion USD
Fastrax estimates that SW GNSS will take 30% of the market by 2016
GPS IC market GLONASS IC market
1,800
1,600
1,400
1,200
(Millions)
1,000
800
600
400
200
0
2010 2011 2012 2013 2014 2015 2016
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5. Target segments and applications
• Cellular
• Tracking: Vehicles, trucks, anti-theft,
safety of people, pets
• Communication devices: (military) computers, radios
• Recreational devices: golf, biking, outdoors sport,
watches
• Industrial devices: bar code readers, parcel tracking,
alcometers, car toll systems
• Timing: synchronization of lights, networks,
wind turbines, solar panels, femtocells
• Consumer devices: laptop computers, tablets,
cameras, PND devices
• Handheld devices: smart phones, media players
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6. Value chain and proposition
Examples of players in each domain
100M-1000M OS & LBS vendors Microsoft, Google,…
Microsoft, Google, Symbian etc.
10-100M End User Equipment Samsung, HP, Nokia,…
Nokia, TomTom, HP etc.
1-10M Design Houses/EMS Foxconn, Malata,…
Foxconn, Malata etc.
Target 10-100M CPU Manufacturers Samsung, TI, Freescale,…
Samsung, MTek, Nvidia, TI etc.
market
100M-1000M CPU IP Vendors Intel, MIPS, ARM,…
MIPS, ARM etc.
Replacement of HW based solution with SW GNSS
Save 1-2€ per unit in BoM costs
Even more savings in hybrid (eg. GPS+GLONASS) solutions
Flexibility by upgradable firmware up-selling opportunity
Fastrax is the leading company in the emerging SW GNSS market
Long experience and development history of IPR
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7. Global distribution
Espoo, Finland
Europe - Distributors
• Europe - Rutronik Headquarters
North America - Sales • Scandinavia: Acte
• Germany: Texim EMS Partners and
• Switzerland: Ineltro Production engineer in
• UK: 2K1, Anglia Korea
• France: Via Design
• Spain/Portugal: Matrix
• Italy: Direct EMS Partner
• Russia: Ultran and FAE in Hong Kong -
China sales
Italy- Sales
North America -
Distributors
• Premier Technical Sales
Asia - Distributors & reps:
• Korea: SheenBang, Safetrack
• Taiwan: ARW
Africa & Middle East – Distributors • China: Sinocom
South America – Distributors • Japan: M-RF
• Israel: Tritech
• Premier Technical Sales • Malesia: Pulse
• South Africa: Electrocomp
• Singapore: Pulse
• Australia & NZ: Glyn
• India: V3Novus
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8. Summary
Ownership interests have been aligned
Dream team is motivated
Strategy is crystal clear
Spot in value chain has been optimized
GNSS market growing fast
New exploding markets: GLONASS, Galileo, Compass,…
Market shift to SW GNSS creates us a profitable super
growth opportunity
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9. Contact
Fastrax Oy
Itsehallintokuja 6
02600 Espoo, Finland
tel: +358-(0)9-8240 9690
fax: +358-(0)9-8240 9691
www.fastraxgps.com
Taneli Tuurnala, CEO Pekka Ruusunen, Chairman
Mobile: +358 40 8407703 Mobile +358 400 410533
taneli.tuurnala@fastraxgps.com pekka.ruusunen@fastraxgps.com
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